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<br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />\. <br />I <br /> <br />The current water and sewer rate schedule is the mechanism set forth <br />by the City of Louisville to pay for water and sewer operating expenses. <br />The bond assessment fee is the method established by the City for retirement <br />of long term debt. It is anticipated that three sources of revenue can <br />be utilized by the City of Louisville to pay for the proposed expansion of <br />Harper Lake: 1) tap fees; 2) water rates; and 3) bond assessment fees. <br /> <br />7 <br />